401(k)s May Use This Key: Simple!

To get younger workers into 401(k) retirement plans, employers may need to embrace a new approach: Keep it simple.

That is the message of a study recently conducted by Cigna Retirement & Investment Services. The study found that 401(k)s aren't engaging younger workers, with one-third of employees age 25 and under failing to participate in company-sponsored retirement plans. This is double the rate of older baby boomers -- whom the...